trending Market Intelligence /marketintelligence/en/news-insights/trending/s0g5tbtvq8yoeegy2-lyuw2 content esgSubNav
In This List

Indiabulls Housing Finance raises 21.69B rupees in debenture offering

Blog

Spotlight on sustainability: How banks can overcome the challenges of achieving net-zero emissions by 2050

Blog

Insight Weekly: US election scenarios; borrowing costs rise; commercial REIT fears

Podcast

Street Talk | Episode 100 - KBW CEO offers optimism for bears fearful of bank liquidity, credit

Blog

Insight Weekly: Stocks endure more pain; bank branch M&A slows; debt ratios fall


Indiabulls Housing Finance raises 21.69B rupees in debenture offering

Indiabulls Housing Finance Ltd. raised 21.69 billion rupees through the issuance of secured nonconvertible debentures on a private placement basis.

The issuance comprised five options covering 10 billion rupees of 18-month debentures with an annual coupon of 8.75%; 10 billion rupees of debentures with a tenor of nine years and six months, and annual coupon of 8.957%; 250 million rupees of 1,389-day debentures with an annual coupon of 8.8407%; 440 million rupees of 1,029-day debentures with an annual coupon of 8.3873%; and 1 billion rupees of 1,802-day debentures with an annual coupon of 8.80%.

The redeemable bonds are set to be listed on the National Stock Exchange of India and the BSE, according to an Aug. 21 release.

As of Aug. 21, US$1 was equivalent to 69.85 Indian rupees.